OFF MARKET

3/551 Main Road
Montrose TAS 7010

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 394m2
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Property Details for 3/551 Main Rd, Montrose

3/551 Main Rd, Montrose is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1963. The property has a land size of 394m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
1963
Floor Size
94m2
Land Size
394m2
Local Government
Glenorchy
Lot/Plan
3/179295

Last Listing description (August 2020)

Charm and Ease of Living in Montrose

New to the market - we present to you the third and final property in this small development of three homes. This traditional 1960's weatherboard home has been significantly updated whilst retaining some of its original period features.

Entry is gained via the covered front verandah with wrought iron decorative railing. The garage with roller door is located to the right of the home with off road parking on the large concrete driveway.

Inside comprises an open plan kitchen/breakfast room in need of some TLC with wall oven and hob with rangehood. There is plenty of space here for designing the kitchen of your dreams with the long galley style layout and built in shelved pantry cupboard plus rear door access direct to the outdoor covered area.

Separate lounge with original fireplace (boarded over), new floor coverings and floor standing heat pump. Three bedrooms and a family bathroom with vanity and shower over bath plus separate toilet for added convenience. Laundry with outdoor access, low maintenance graveled courtyard (fully fenced) and small water tank.

Easy walk just over 1km distance to Glenorchy CBD with all its services and amenities, 250m walk to local IGA Express plus access to various local bus routes and a short commute to Hobart. This is the perfect first home, downsizer or investment purchase. Currently tenanted with a rental income of $400 per week. If this is ticking all your boxes, make your move now and call to arrange your private inspection.

Property History for 3/551 Main Rd, Montrose, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$350,000
09 May 2020
  • 09 May 2020
    Sold for $350,000
  • 08 Apr 2020
    Listed for Sale Sold

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About Montrose 7010

The size of Montrose is approximately 2.9 square kilometres. It has 6 parks covering nearly 2.2% of total area. The population of Montrose in 2011 was 2,002 people. By 2016 the population was 2,168 showing a population growth of 8.3% in the area during that time. The predominant age group in Montrose is 50-59 years. Households in Montrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montrose work in a clerical occupation. In 2011, 71.8% of the homes in Montrose were owner-occupied compared with 70.8% in 2016.

Montrose has 1,113 properties. Over the last 5 years, Houses in Montrose have seen a 44.21% increase in median value, while Units have seen a 50.94% increase. As at 31 October 2024:

  • The median value for Houses in Montrose is $593,508 while the median value for Units is $443,958.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 6 properties listed for sale, and no properties listed for rent in Montrose on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Montrose.

Suburb Insights for Montrose 7010

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.